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Dynamic Response Group, Inc. Message Board

  • bell345 bell345 Sep 28, 2009 8:12 PM Flag

    elissa K. Rice and Patrice Kawas Have The voting Majority

    Your vote doesn't matter, nice situation, huh?

    This is a nice situation for these two individuals. They raised the authorization of the amount of stock for themselves, & since they have the voting power because they have the majority of controlling stock, they don't have to have the "other shareholders" vote on it.

    Increase to Authorized Capital

    On January 5, 2009 the Board of Directors of the Company approved an amendment to increase the Company’s authorized capital subject to shareholder approval. Under Florida law and our Bylaws any action required or permitted to be taken at a meeting of shareholders may be taken without a meeting and without a vote if the action is taken by holders of outstanding stock having not less than the minimum number of votes that would have been necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.

    Melissa K. Rice and Patrice Kawas, being the holders of a majority of the voting power of the voting capital stock of the Company approved the actions by written consents in lieu of a meeting on January 6, 2009.

0.00650.0000(0.00%)Jan 28 11:04 AMEST